Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1887-10-15
GOV. CHURCH S 2

u EAaf aHH-t EmENFl
Division and ACKNOWLEDGEMENTS In
debsednesn and Credts-The Wheat
Croy,.
Bismarck, OAK, Dot. l3-Gov.
Chnrch's animal report or message to
tho secretary OF the interior is nearly
completed and will be mailed to Wash
ington as soon as possible, 1t bristles
with facts and interesting information
to people Of the .effete east" OF De-
kota and its resources. Among the
salient points are his recommendations
as to an increase in the Judiciary and
Sioux reservation, and his comments on
division and the admission OF the terri
tory. He recommends two additional
judges. He endorses Dawes bill and
hopes that il may pass, and the great
reservation be opened up, in part, at
least. On the division question he takes
no stand PRO or con, beyond the auRges-
ton thEt some action should be
taken whether 1t be division or
statehood o. admission withoua division.
Dakota iBs he thinks, entitled to the
right TO make her own laws and enjoy
something more that The Liquidation pe-
eulias to a territorial form Of govern
ment. He does not oppose division OF
say anything that is Questionable to the
divisiOnists or the friends Of admission
without division. An interesting por.
ton OF his report is the statement from
Treasurer Raymond. This report shows
the total bonded Indebtedness OF the
territory at this date to be 81, 00S. 800 ex-
pended in building and furnishing the
following public institutions:
Insane hospital ct Yankton $4,000,
deaf mute school ct Sioux Falls, SOL 600
university OF north Dakota, $74.00
uniyersity Of south Dakota, $4,000
penitentiary at Sioux Falls. $4,000
~penitsntinry at Bismarck, 1893 500
agricultural college at Brookings $97. 800
insane hopital at: jamestown $266,000
normal school Madison. $4,000
school OF mines, Rapid City, $33 900
reform school, Plankinton, $4,000
normal school, Spearfish, $25 0G0
Reminding bonds TO refund s per lei
into four and . half and ~fve-twenties
500 900.
In speakinR Of Che general credit G
the Territory the treasurer aayE:
The highest bids fos bonds authorized
by the last Legislature was par and fifty
two hundredthH of one per cent pre-.
mlums GlY6.baAgnh Oh Ju6 BUuQb BOls
draw four and . half per cent interest
the balance, 8 per can't. subject to th;
option clause TO redeem in i've 90 tsl
years. This clause was d CREST hindrsnG
in the sale OF the bonds. Tins fact coup
led wisk .he other fact that Dakota
still . territory and the date OF admis
sion into the union uncertain, made IN
vestorB overly cautious. This timldit.
lexisten IN epite a our showing that W
had $4,000 assets for every $l,000lw
owe. ! make the prediction when Do
kots becomes q state that three per Q
bondn will sell more readily than the ~
pea. cents did. We have conclusiv
proof that her credit is better than man.
of the states and rich municipalities o
the east. Even st. Paul, with ell he;
resources. and moDeyed power aold he
~ per cent bonds shout the same tim
at 13-100 per cent less premium thai
territorial bonds. The assessed value
ton Is reported st ovez Sl57, 900. 900 a
against $t32 ,000, 900 ip 1886.
The wheat crop is given as the larges
in the history Of the territory, approxi
mating sixty million bushels, and th
population on the basis of the Unite,
Stateg land Office and other figure
showing shout ninety Thousand new PEG
pie for the twelve months.
II I'm HANNh EZAtF 80 ~ NEEA 80 g.